AP Analyst

About the Job

Looking for a company to help grow your skillset and advance your career? Apply with Franklin Foods today! We are happy to speak with you about your experience and how you may be a fit within our team. Lots of exciting things are happening at Franklin Foods and we'd love for you to be a part of it!

In business for over 120 years and as the 3rd largest cream cheese manufacturer in the US, Franklin Foods is on a mission to ‘Re-Invent Cream Cheese” for today’s consumers. We are an SQF Level 3 certified manufacturer. Franklin Foods’ award-winning products are used and loved by industrial, institutional, foodservice, private label, supermarket, and club store accounts across the United States and in numerous international markets.

Franklin Foods is a subsidiary of the Hochland Group with almost 6,000 employees globally. We are a family-owned company, and we have a strong commitment to the future. We feel the urgency to contribute to a sustainable and bright future for our kids and grandkids, evident by our continuously developing capabilities to create renewable energy and innovative ways to reduce waste. We have set a target to lower our emissions 50% by 2025. One example of how we plan to achieve this is by expanding our plant-based food production which has a significantly smaller carbon footprint compared to conventional dairy products. Franklin Foods is a pioneer in plant-based food manufacturing, with over 30 years’ experience in plant-based products. This year, we launched our new plant-based cream cheese, SimplyV!

Company Overview:

Franklin Foods has two manufacturing sites in Enosburg Falls, VT and Casa Grande, AZ. Our corporate offices are located in Boca Raton, FL. We have over 300 employees located in the US, and we are continuing to grow!

Job Overview:

Join the team at Franklin Foods to improve and expand our products – we are in business for good! The success that comes from within each of us is recognized and creates opportunities for your growth within the organization.

Accounts Payable Analyst reports to the Director of Finance. The Accounts Payable Analyst provides accurate and timely financial information while maintaining the integrity of company accounting systems, General Ledger accounts, and business transactions of the organization, applying the Generally Accepted Accounting Principles (GAAP) that includes analytical work. The responsibilities include but are not limited to: Provide financial, administrative and clerical support. Ensure payments are completed and expenses are controlled by running accounting software programs (e.g. SAP) to process business transactions, like accounts payable, expense reimbursements, and receipts. The Account Payable Analyst will ensure that the company’s daily accounts payable functions run accurately and effectively.

DUTIES AND RESPONSIBILITIES:

• Manage the full accounts payable cycle from receipt invoices to payment, including coding invoices, matching purchase orders, obtaining approval, and entering the invoices into the accounting system.
• Prepares batch check runs, wire transfers, and ACH transactions.
• Publish AP aging on a weekly basis to the Leadership team with escalation on critical vendors.
• Manager vendor relations and build effective partnerships.
• Verifies vendor accounts by reconciling monthly statements and related transactions.
• Answers accounting and financial questions by researching and analyzing data.
• Receives, researches and resolves a variety of internal and external inquiries concerning account status, including communicating the resolution of discrepancies to the appropriate person.
• Investigates and resolves problems associated with processing invoices and purchase orders.
• Process accounts payable activities to ensure accuracy and timeliness of invoice creation and journal entry.
• Create weekly payment proposal based on vendor knowledge and AP strategies.
• Verify that each check is accurate and match with the corresponding invoice.
• Prepares general ledger entries by maintaining records and files.
• Assist in Month-end close procedures.
• Publish P&L on a weekly/daily basis!
• Responsible for monthly accounts payable journal entries
• Prepares general ledger entries by maintaining records and files.
• Responsible for Profit & Loss reconciliation and commentary on assigned P&L accounts.
• Responsible for Expense KPI Performance Indicators in Financial Dashboard.
• Prepares Expense Cash Flow position and Cash Flow Forecast,
• Reconcile Balance Sheet accounts related to Operational Expense accounts.
• Assist team with gathering support for all audits, including pulling documentation and internal audit participation.
• Responsible for IRS 1099 compliance and reporting.
• Partner with Director of Accounting to identify and implement process improvements.
• Protects organization's value by keeping information confidential.
• Performs other duties as assigned.

SPECIFIC JOB KNOWLEDGE, SKILLS AND ABILITIES

The individual must possess the following knowledge, skills and abilities and be able to explain and demonstrate that he or she can perform the essential functions of the job:

• Must possess excellent writing, communication, and interpersonal skills.
• Strong organizational skills that reflect ability to perform and prioritize multiple tasks seamlessly.
• Excellent attention to detail to ensure that records and reports are accurate.
• Demonstrate proactive approaches to problem-solving with strong decision-making capability.
• Highly resourceful team-player, with the ability to also be extremely effective independently.
• Demonstrated ability to achieve high performance goals and meet deadlines in a fast-paced environment.
• Proven ability to handle confidential information with discretion, be adaptable to various competing demands, and demonstrate the highest level of customer/client service and response.
• Ability to manage multiple projects simultaneously.
• Advanced proficiency in Microsoft Excel
• Strong organizational and analytical skills
• Must be highly skilled in dealing with financial and numerical data.
• Must be highly skilled in Excel to use and create reports.
• Must have excellent work habits, including a willingness to work the hours necessary to get the job done, especially when important deadlines cause greater than normal departmental pressures.

QUALIFICATION STANDARDS

Education: Bachelor’s degree in Business, Accounting/Finance or equivalent is preferred.

Experience: A minimum of two years of experience as Accounts Payable. SAP experience preferred, Intermediate Excel experience, and knowledge of general accounting principles, regulatory standards and compliance requirements.

Grooming: All employees must maintain a neat, clean and well-groomed appearance per Franklin Foods standards.

Franklin Foods in an Equal Opportunity Employer. Offers of employment are contingent upon satisfactory completion of a reference check, background check and documented proof of work authorization.